---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007732"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:39:56.369673+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lantronix Q1 FY2024 revenue $33M, flat EPS YoY; FY2024 outlook reaffirmed

## Summary
- Net revenue $33.0M, down 5% sequentially, up 4% YoY.
- GAAP EPS ($0.05) and non-GAAP EPS $0.07, both flat vs prior year.
- FY2024 guidance unchanged: revenue $175M-$185M, non-GAAP EPS $0.50-$0.60.
- Sequential revenue decline driven by typical seasonality; YoY growth continues.

## SEC filing metadata
- accession: 0001683168-23-007732
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316823007732/0001683168-23-007732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316823007732/lantronix_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007732
- JSON: https://secwatch.observer/filing/0001683168-23-007732.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007732.txt

## Key facts
- Earnings Releases
  LANTRONIX INC reported first quarter of fiscal 2024 results: revenue $33.0 million, net income GAAP EPS of ($0.05), EPS Non-GAAP EPS of $0.07. Guidance reaffirmed.
  - Period: first quarter of fiscal 2024
  - Revenue: $33.0 million
  - Net income: GAAP EPS of ($0.05)
  - EPS: Non-GAAP EPS of $0.07
  - Guidance: reaffirmed
  - Result: reported results
  source text: Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today reported results for its first quarter of fiscal 2024. Net revenue totaled $33.0 million, down 5 percent sequentially and up 4 percent year-over-year. GAAP EPS of ($0.05), compared to ($0.05) in the prior year and ($0.05) in the prior quarter. Non-GAAP EPS of $0.07, compared to $0.07 in the prior year and $0.06 in the prior quarter. Business Outlook For fiscal year 2024, the company continues to expect revenue in a range of $175 million to $185 million and non-GAAP EPS in a range of $0.50 to $0.60 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316823007732/0001683168-23-007732-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.